Country Inn & Suites E-Town
Country Inn & Suites E-Town, located in Elizabethtown, Kentucky, operates in the hotels and motels industry and is a Country Inn and Suites by Radisson franchise. The business was financed with an SBA 7(a) loan for a change of ownership totaling $5 million, approved by GBank on August 13, 2025, with 32 jobs reported.
SBA 7(a) loan, change of ownership, approved Aug 13, 2025
$5,000,000 approvedLender: GBank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (75% of the approval)
- Lender
- GBank, Las Vegas, NV
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.25%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- August 13, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $39,423 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 22, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 32
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Country Inn and Suites by Radisson
- Project location
- Hardin County, KY
- SBA district office
- Kentucky District Office
- Congressional district
- KY-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 76% of acquisition loans in Hotels (except Casino Hotels) and Motels on this site.
- Average acquisition loan in Hotels (except Casino Hotels) and Motels: $3,241,374.
- Average acquisition loan in Kentucky: $1,988,993.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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